WH Ireland to sell capital markets arm to investment bank Zeus June 3, 2024 Financial adviser WH Ireland has struck a deal to sell its capital markets division to London-based investment bank Zeus Capital for up to £5m amid increasing consolidation among British stockbrokers.
Iwoca mulls bigger loans and international expansion amid surge in demand June 3, 2024 Online credit provider Iwoca is looking at raising the size of its loans and expanding into a new country on the back of a surge in demand for small business funding from alternative lenders.
Government champion needed to tackle over-regulation, City lobby group says June 3, 2024 A City lobby group has called on the next government to tackle regulation that drags on international competitiveness of the financial sector.
Santander data breach: 30m account and credit card details up for sale on dark web May 31, 2024 More details have emerged about the Santander data breach reported in early May.
UBS and Credit Suisse complete merger May 31, 2024 The merger of UBS and Credit Suisse is now formally complete.
Competition watchdog launches Nationwide-Virgin Money £2.9bn merger probe May 31, 2024 The watchdog told markets this morning that the merger notice met criteria laid out in the enterprise act.
Swiss rolls: Former Credit Suisse boss to leave UBS as forced merger completes May 30, 2024 The former boss of Credit Suisse, who oversaw its untimely decline and forced sale to UBS, is set to step away from the newly enlarged bank.
Bank of Georgia posts solid earnings amid political turmoil May 30, 2024 Eastern Asian lender Bank of Georgia saw its profit, customer numbers and interest income soar in the first quarter of this year, a period in which the bank also completed on its acquisition of the Armenian retail lender, Ameriabank.
Klarna changes share trade rules ahead of planned £16bn listing May 29, 2024 Buy-now pay-later giant Klarna has reportedly ditched rights held by large shareholders to block smaller investors' share trades as it gears up for a blockbuster public.
Funding Circle: Fintech to cut 120 jobs as finance chief steps down May 29, 2024 Small business lender Funding Circle plans to cut around 120 jobs as part of efforts to reduce costs and boost its flagging share price. It also announced the departure of its finance chief.
